FREE White Paper |
Loss Analysis: Finding Causes of FHA Claim Recovery Shortfalls
Servicers face immense risk when it comes to handling the liquidation of a distressed property and the various associated investor claims effectively and in a timely fashion. Not only are there several different types of claims, but investors/insurers have strict requirements associated with each of the different claim types, exponentially adding to the complexity of the filing process.
This is why engaging in a Loss Analysis program, whether internally or with an outside vendor, is important and allows for a final review of your investor claims to ensure all expenses are included and also mitigate potential hefty fines.
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